Avi, I read or misread somewhere that if I buy a MLP, that I have to file income taxes in every state it does business in, which would make for onerous taxtime. The one MLP I have owned, Cedar Fair, I did not pay state tax in every state it does business in. Can you comment on whether Oil and gas MLPs work the same, that I only pay state tax if I live in the one of the states it does business in? I would appreciate it
Avi, I read or misread somewhere that if I buy a MLP, that I have to file income taxes in every state it does business in, which would make for onerous taxtime. The one MLP I have owned, Cedar Fair, I did not pay state tax in every state it does business in. Can you comment on whether Oil and gas MLPs work the same, that I only pay state tax if I live in the one of the states it does business in? I would appreciate it
ReplyDeletewell 2400 down is hell lot of downfall.
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